motleifaul

motleifaul Updated 

After today's correction we are seeing another rise now and due to the overall market sentiment now this may expected to continue.

motleifaul Updated 

The thing we saw has been a breakout of a pennant. We may expect a good rise.

motleifaul Updated 

The downtrend has made its healthy correction and with yesterday's renewed decline it is continuing now.

motleifaul Updated 

... through the MA. This may be seen as a sign of weakness.

motleifaul Updated 

... gives hope for further retracement of the downmove.

motleifaul Updated 

Since June 21st we are building this bottom. If it fails of course...

motleifaul Updated 

... and we are already on a confirmed way dow. A little backtest of the upside is not yet excludet however. But the way down looks clear to me.

motleifaul Updated 

Below the green support line we see buying interest.

motleifaul Updated 

The past high from yesterday has been taken out. We are back to follow the uptrend.

motleifaul Updated 

That's the picture of the past 24 hours. This shall result in a contiued decline of the euro.

motleifaul Updated 

The price broke quickly through the expected bottom. As the momentum is high more decline may be possible.

motleifaul Updated 

...and broke theough to the downside.

motleifaul Updated 

The impressive decline has been retraced and the rise seems to slow. The continuation of the decline may be expected.

motleifaul Updated 

We are building a new bottom at the same level when we found it on May 8th. At least a corretion to the upside is likely.

motleifaul Updated 

... and fllowing the MA the rise may continue for a while.

motleifaul Updated 

A stop is a stop. Insofar it was not a mistake to close the previous position on Friday. But obviousely the pressure remains and thus I am selling some Sterling again.

motleifaul Updated 

Exceeding the Hangig man we may expext an attempt tp rise further.

motleifaul Updated 

After the close of the short position with a little loss I am turning long again. It is a frustrating sideward Gezockel and one may do 2 things only: 1.: Nothing or 2.: Follow the baton of the market. I prefer the second as you see. With tight stops the risk is kept low. It's the Turtle method.